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ST. LUCIE COUNTy, rlA.
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This indenture, .ade this 17'~ day of
JULY
,1961, between
Earl Gottfried and Barbara Gottfried, hi. wife, hereinafter
referred to as the first party and Plorence
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Reed Shores hereinafter
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referred to as the second party.
WITNRSSBTH, That the fi~t party agrees tQ deliver to th9 second
parties a good and sufficient Warranty Deed to the below described
property after the secund parties have oo~pleted and fulfilled all
the obligations hereinafter set out.
The first party hereby acknowl~dges receipt of five hundred dollars
($500.00) as a deposi!-toward the purchase or the below described
property.
The balance of nine thousand, five hundr9d dollars
. ,
.($9500.00) will be paid at the rate of seventy five dollars ($75.00)
per aonth for eigh~een years and six months (18 & 6) from the
interest for said p~riod of time having bt:en p!"e-com:'uted.
fifteenth day of August 1961, I Upon completion or the above
described conditions, the rirst party will ,deliver a clear
Warranty Deed as stated above to: ~t 10, Block 3 Franklin Park
Addition according to the plat ~hereor on -file in the ofrice or
the Clerk or the Circuit Court. or St. Lucie County Florida. The
privilege is hereby granted to' prepay at any time.
The second parties agree to pay all assessments and taxes which
may be. levied against the above described property and also keep in
force rire and windstorm and extended coverage insurance in an
amount that will protect the rirst party at all times. In the event
that the second parties rail to make the payments as outlined above
or to pay the sums as outlined above within thirty (30) days arter
becoming. due, then in that event, this contract becomes null and
void anti the second parties'shall lose all rights hereunder and
the amount so paid by the second parties to the first party will be
retained by the rirst party as liquidated damages thereor.